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Marine Internet of Things Market Share

ID: MRFR/AD/9110-HCR
172 Pages
Swapnil Palwe
October 2025

Marine Internet of Things Market Research Report Information by Component (Sensing Devices, Network Connectivity, IoT Platforms, and IT Solutions & Services), Application (Route & Operation Optimization, Asset Tracking, and Equipment Monitoring), Ship Type (Commercial and Defense), and Region - Forecast till 2032

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Summary Table of Contents Segmentation Download PDF

Market Share

Marine Internet of Things Market Share Analysis

With the growing need for smart and connected solutions at sea, the Marine Internet of Things (IoT) market, a critical component of maritime industry, has witnessed remarkable growth. Companies within such a dynamic environment employ various strategies to increase their market share. Differentiation is one such strategy where firms focus on developing advanced IoT solutions targeted specifically for maritime applications which entail real-time monitoring, predictive maintenance and improved connectivity. The intention is to attract shipping companies as well as vessel operators and service providers in this sector who require state-of-the-art IoT technology so that they can efficiently manage fleets while optimizing operations.

Another strategic approach important in the Marine IoT market is cost leadership. Some players emphasize on inexpensive manufacturing of IoT devices and efficient connection solutions in order to bring down costs of these systems without compromising their quality. This approach is significant in the shipping sector where costs play an important role. By minimizing production expenses and ensuring affordability, firms brand themselves as dependable yet low-cost providers primarily in markets having budget restrictions.

In the Marine IoT sector, positioning through collaboration or partnerships are often crucial. These strategic alliances are common with ship builders, navigation equipment manufacturers and satellite communication organizations among others. They facilitate integration of existing maritime systems with IOT solutions thereby ensuring smooth compatibility and effective data exchange among other benefits. Besides, strategic partnerships enhance firms’ awareness about new marine regulations; navigation standards as well as technological trends hence resulting into tailor made offerings targeting various ships categories sailing across different oceans.

Market penetration is a strategy pursued by various companies seeking to increase their share within the Marine IoT industry. This may involve going into new markets or expanding within already established ones. As maritime industries experience digital transformations, enterprises concentrate on emerging markets as well as those regions with increasing demand for shipping routes connectivity systems and Internet-of-Things applications used in logistics at sea Successful market penetration requires deep knowledge about local marine regulations; specific vessels which dominate particular waters; peculiar challenges faced due to diverse maritime environments.

The Marine IoT market is customer centric. In this regard, priority is given to customers’ satisfaction through offering technical support, safety measures and easy interfaces. Developing strong relationships with shipping companies and maritime operators creates trust and loyalty whereby clients keep coming back or recommending their friends. Firms that understand the importance of IOT in enhancing vessel’s performance, safety and efficiency should tailor their products to meet the unique demands of various clients found in all marine sectors.

Innovation still drives the Marine IoT industry, as companies invest in R&D for introducing more advanced features like autonomous vessels monitoring, environmental sensing or energy saving solutions Continuous innovation results in an Internet of Things system that promotes sustainable maritime practices designed for changing business needs within the sector. These innovations are meant not only to attract customers who want something new but also position firms as leaders whose IoT technology is reliable especially for different marine applications.

Regulatory compliance plays a major role in market share positioning within the Marine IoT sector A company’s IOT offerings must comply with strict maritime security and data privacy standards. Following these requirements guarantees not only the safety and reliability IoT technology but also shows company’s credibility on the market by positioning its products as being compliant with industry regulations.”

Author
Swapnil Palwe
Team Lead - Research

With a technical background as Bachelor's in Mechanical Engineering, with MBA in Operations Management , Swapnil has 6+ years of experience in market research, consulting and analytics with the tasks of data mining, analysis, and project execution. He is the POC for our clients, for their consulting projects running under the Automotive/A&D domain. Swapnil has worked on major projects in verticals such as Aerospace & Defense, Automotive and many other domain projects. He has worked on projects for fortune 500 companies' syndicate and consulting projects along with several government projects.

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FAQs

How big is the Marine Internet Of Things (IoT) Market

Marine Internet Of Things (IoT) Market Grow at a CAGR Of 17.1% by 2024 -2032

Which are the top players involved in Marine Internet Of Things (IoT) business?

Cisco Systems, Inc. (US),Marine Digital GmbH (Germany),Vodafone Group Plc (UK),Ericsson AB (Sweden),Orange Business Services (France),Wartsila Oyj Abp (Finland),Accenture Plc (Ireland),Dualog AS (Norway),Wilhelmsen Holding ASA (Norway),NTT Group (Japan)

Which regions is predicted to held the highest share in the Marine Internet Of Things (IoT) market?

According to Recent Study North America Accounted for the Largest Market Share

Which segments are covered in Internet Of Things (IoT) market report?

According MRFR Latest Study Component, Application, and Ship Type this are Internet Of Things (IoT) market

Market Summary

As per MRFR analysis, the Marine Internet of Things Market Size was estimated at 15.0 USD Billion in 2024. The Marine Internet of Things industry is projected to grow from 16.1 in 2025 to 33.3 by 2035, exhibiting a compound annual growth rate (CAGR) of 7.54 during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The Marine Internet of Things Market is poised for substantial growth driven by technological advancements and increasing demand for efficient maritime operations.

  • North America remains the largest market for Marine Internet of Things solutions, driven by advanced maritime infrastructure.
  • Asia-Pacific is emerging as the fastest-growing region, fueled by rapid industrialization and increasing shipping activities.
  • Fleet management solutions dominate the market, while cargo tracking is witnessing the fastest growth due to rising e-commerce demands.
  • Enhanced data analytics capabilities and the integration of artificial intelligence are key drivers, alongside regulatory compliance and safety standards.

Market Size & Forecast

2024 Market Size 15.0 (USD Billion)
2035 Market Size 33.3 (USD Billion)
CAGR (2025 - 2035) 7.54%
Largest Regional Market Share in 2024 North America

Major Players

<p>Kongsberg Gruppen (NO), Wärtsilä (FI), ABB (CH), Siemens (DE), Thales Group (FR), Navis (FI), MarineTraffic (GR), Inmarsat (GB), Furuno Electric (JP), C-MAP (NO)</p>

Market Trends

The Marine Internet of Things Market is currently experiencing a transformative phase, driven by advancements in connectivity and data analytics. This sector encompasses a wide array of applications, including vessel tracking, environmental monitoring, and predictive maintenance. As maritime operations increasingly rely on real-time data, the integration of IoT technologies appears to enhance operational efficiency and safety. Stakeholders are likely to invest in innovative solutions that facilitate seamless communication between vessels and shore-based systems, thereby optimizing resource management and reducing operational costs. Moreover, the growing emphasis on sustainability and regulatory compliance is shaping the Marine Internet of Things Market. Companies are exploring IoT applications that monitor emissions and fuel consumption, aligning with global environmental standards. This trend suggests a shift towards greener practices within the maritime industry, as organizations seek to minimize their ecological footprint. The ongoing development of smart ports and autonomous vessels further indicates a future where technology plays a pivotal role in maritime operations, potentially revolutionizing traditional practices and enhancing overall productivity.

Enhanced Connectivity Solutions

The Marine Internet of Things Market is witnessing a surge in demand for advanced connectivity solutions. Technologies such as satellite communication and cellular networks are being integrated to ensure uninterrupted data transmission. This trend indicates a growing need for reliable communication channels that support real-time decision-making and operational efficiency.

Focus on Predictive Maintenance

There is a notable shift towards predictive maintenance within the Marine Internet of Things Market. By leveraging IoT sensors and analytics, companies can anticipate equipment failures before they occur. This proactive approach not only reduces downtime but also extends the lifespan of critical assets, thereby enhancing overall operational reliability.

Sustainability and Compliance Initiatives

The Marine Internet of Things Market is increasingly influenced by sustainability and compliance initiatives. Organizations are adopting IoT solutions to monitor environmental impact and adhere to regulatory requirements. This trend suggests a commitment to reducing emissions and promoting eco-friendly practices, aligning with global efforts to protect marine ecosystems.

Marine Internet of Things Market Market Drivers

Increasing Demand for Real-Time Data

The Global Marine Internet Of Things (IoT) Industry experiences a surge in demand for real-time data analytics, which enhances operational efficiency and decision-making processes. As maritime operations become increasingly complex, stakeholders seek to leverage IoT technologies to monitor vessel performance, fuel consumption, and cargo conditions in real-time. This trend is evidenced by the projected market growth from 689.1 USD Billion in 2024 to an anticipated 3912.1 USD Billion by 2035, reflecting a compound annual growth rate (CAGR) of 17.1% from 2025 to 2035. Such advancements not only optimize resource utilization but also contribute to improved safety and compliance in maritime operations.

Advancements in Connectivity Technologies

The Global Marine Internet Of Things (IoT) Industry benefits from advancements in connectivity technologies, such as satellite communications and 5G networks. These innovations facilitate seamless data transmission between vessels and shore-based operations, enabling real-time monitoring and control. Enhanced connectivity is crucial for applications like predictive maintenance, where data from onboard sensors can be analyzed to prevent equipment failures. As connectivity improves, the potential for IoT adoption in maritime operations expands, leading to greater efficiency and cost savings. This trend aligns with the overall market growth trajectory, as stakeholders recognize the value of reliable and fast communication in optimizing maritime operations.

Regulatory Compliance and Safety Standards

The Global Marine Internet Of Things (IoT) Industry is significantly influenced by stringent regulatory compliance and safety standards imposed by maritime authorities. Governments worldwide are increasingly mandating the adoption of IoT solutions to ensure vessel safety, environmental protection, and efficient resource management. For instance, the International Maritime Organization has established guidelines that encourage the integration of IoT technologies for monitoring emissions and enhancing navigational safety. This regulatory push is likely to drive investments in IoT infrastructure, as companies strive to meet compliance requirements while also capitalizing on the operational efficiencies that IoT offers.

Growing Investment in Smart Shipping Solutions

The Global Marine Internet Of Things (IoT) Industry is witnessing a growing investment in smart shipping solutions, driven by the need for enhanced operational efficiency and cost reduction. Companies are increasingly adopting IoT technologies to automate processes, monitor fleet performance, and improve supply chain visibility. This trend is supported by the projected market growth, with estimates indicating a rise from 689.1 USD Billion in 2024 to 3912.1 USD Billion by 2035. The adoption of smart shipping solutions not only streamlines operations but also enhances competitiveness in a rapidly evolving maritime landscape.

Sustainability Initiatives in Maritime Operations

The Global Marine Internet Of Things (IoT) Industry is increasingly shaped by sustainability initiatives aimed at reducing the environmental impact of maritime operations. Companies are adopting IoT solutions to monitor emissions, optimize fuel consumption, and enhance waste management practices. For example, IoT-enabled systems can track fuel usage in real-time, allowing for adjustments that minimize carbon footprints. This focus on sustainability not only aligns with global environmental goals but also appeals to consumers and investors who prioritize eco-friendly practices. As a result, the integration of IoT technologies is likely to accelerate, contributing to the overall growth of the market.

Market Segment Insights

By Application: Fleet Management (Largest) vs. Cargo Tracking (Fastest-Growing)

<p>In the Marine Internet of Things (IoT) market, application segments reveal a diverse landscape with varying shares. Fleet Management currently holds the largest share, driven by its essential role in optimizing operational efficiency and reducing costs. Following closely, Vessel Monitoring and Environmental Monitoring demonstrate significant adoption, reflecting increasing regulatory pressures and environmental concerns in maritime operations. Cargo Tracking, while smaller, showcases notable growth, fueled by the rising demands for enhanced visibility and accountability in shipping processes. Looking ahead, the growth trajectory within the Marine IoT applications appears robust, particularly for Cargo Tracking, which is now recognized as the fastest-growing segment. Prominent drivers include advancements in sensor technology and data analytics, which enhance real-time tracking capabilities. Fleet Management continues to thrive as regulations push for more sophisticated logistics solutions. Furthermore, increased scrutiny on environmental impacts accelerates growth in Environmental Monitoring solutions, as companies strive to adhere to sustainability standards.</p>

<p>Fleet Management (Dominant) vs. Predictive Maintenance (Emerging)</p>

<p>Fleet Management represents the dominant application within the Marine IoT ecosystem, establishing a comprehensive framework for optimizing vessel operations and enhancing safety measures. By leveraging real-time data and analytics, it enables fleet operators to track performance, manage maintenance schedules, and promote fuel efficiency. The broad adoption of this application can be attributed to its ability to reduce operational costs significantly and improve overall fleet safety. Conversely, Predictive Maintenance is emerging as a key player in this market, providing insights that allow operators to anticipate equipment failures and schedule maintenance proactively. This segment is gaining traction due to its potential to minimize downtime and operational disruptions, representing a significant advancement over traditional maintenance methods.</p>

By End Use: Commercial Shipping (Largest) vs. Offshore Oil and Gas (Fastest-Growing)

<p>In the Marine Internet of Things (IoT) market, the 'By End Use' segment showcases notable diversity, highlighting 'Commercial Shipping' as the largest contributor. This segment capitalizes on the demand for enhanced operational efficiency and real-time analytics, incorporating IoT solutions for fleet management, navigation, and cargo monitoring. Other substantial contributions come from the 'Fishing Industry' and 'Recreational Boating' segments, which are increasingly adopting IoT technologies to improve safety and streamline operations. The 'Naval Defense' segment has also seen growing interest as military applications for IoT take precedence, ensuring secure communication and data collection. The growth trends within the 'End Use' segment are significantly driven by advancements in connectivity and sensor technologies. The 'Commercial Shipping' sector is evolving with the integration of smart shipping solutions that enhance route optimization, thereby reducing operational costs. Meanwhile, 'Offshore Oil and Gas' emerges as the fastest-growing segment, primarily due to the increasing focus on remote monitoring and predictive maintenance capabilities, fostering industry resilience amid fluctuating market conditions. The accelerating digital transformation across all these segments further underscores the emphasis on safety, efficiency, and sustainable practices, indicating a robust future for Marine IoT applications.</p>

<p>Commercial Shipping (Dominant) vs. Fishing Industry (Emerging)</p>

<p>In the Marine IoT landscape, 'Commercial Shipping' stands as a dominant force, characterized by a vast deployment of connected devices that facilitate comprehensive fleet monitoring and management. The sector emphasizes navigation, performance optimization, and regulatory compliance, harnessing IoT technologies to enhance operational efficiency. Conversely, the 'Fishing Industry' represents an emerging segment with significant growth potential. As fisheries strive for sustainability and regulatory adherence, the adoption of IoT solutions for catch tracking, gear management, and environmental monitoring is swiftly expanding. The integration of IoT devices in this sector supports responsible fishing practices while also improving the profitability of fishers. Together, these segments demonstrate a dynamic interplay of innovation and transformation within the Marine IoT market.</p>

By Technology: Satellite Communication (Largest) vs. Wireless Sensor Networks (Fastest-Growing)

<p>In the Marine Internet of Things Market, Satellite Communication holds the largest market share due to its critical role in providing global connectivity for marine applications. Wireless Sensor Networks are emerging as the fastest-growing segment driven by technological advancements and increased demand for real-time monitoring of marine environments. The integration of IoT technologies enables enhanced data collection, and improved operational efficiency across various marine applications.</p>

<p>Technology: Satellite Communication (Dominant) vs. Wireless Sensor Networks (Emerging)</p>

<p>Satellite Communication is a dominant force in the Marine IoT market, offering extensive global coverage and reliable communication capabilities essential for vessels operating in remote areas. It enables critical applications such as navigational support, fleet management, and emergency response systems. On the other hand, Wireless Sensor Networks are rapidly gaining traction as an emerging technology, facilitating real-time data collection and monitoring. These networks consist of interconnected sensors deployed across marine environments, providing vital information on environmental conditions, vessel performance, and more to optimize operations, improve safety, and support sustainable practices.</p>

Get more detailed insights about Marine Internet of Things Market Research Report - Global Forecast till 2035

Regional Insights

North America : Leading Market Innovators

North America is poised to maintain its leadership in the Marine Internet of Things (IoT) market, holding a significant market share of 6.0 in 2025. The region's growth is driven by increasing investments in smart shipping technologies, stringent regulatory frameworks, and a rising demand for enhanced maritime safety and efficiency. The integration of IoT solutions in fleet management and navigation systems is further propelling market expansion. The United States and Canada are the primary contributors to this growth, with major players like Kongsberg Gruppen, Wärtsilä, and ABB leading the charge. The competitive landscape is characterized by continuous innovation and partnerships among key stakeholders. The presence of advanced technological infrastructure and a strong focus on research and development are critical factors that enhance the region's market position.

Europe : Emerging Technological Hub

Europe is rapidly evolving as a technological hub in the Marine IoT market, with a market size of 4.5 in 2025. The region benefits from robust regulatory support aimed at enhancing maritime safety and environmental sustainability. Initiatives such as the European Maritime Safety Agency's guidelines are pivotal in driving the adoption of IoT technologies across the maritime sector, fostering innovation and efficiency. Leading countries like Germany, France, and Finland are at the forefront, with companies such as Siemens and Thales Group making significant contributions. The competitive landscape is marked by a mix of established firms and innovative startups, all vying to capture market share. The emphasis on digital transformation and smart shipping solutions is expected to further accelerate growth in this region.

Asia-Pacific : Rapidly Growing Market

Asia-Pacific is emerging as a powerhouse in the Marine IoT market, with a projected market size of 3.5 in 2025. The region's growth is fueled by increasing maritime trade, investments in port infrastructure, and a growing emphasis on smart shipping solutions. Governments are actively promoting the adoption of IoT technologies to enhance operational efficiency and safety in maritime operations, creating a favorable regulatory environment. Countries like Japan, China, and Australia are leading the charge, with key players such as Furuno Electric and Inmarsat establishing a strong presence. The competitive landscape is dynamic, characterized by collaborations and partnerships aimed at developing innovative solutions. As the region continues to invest in digital transformation, the Marine IoT market is expected to witness significant growth.

Middle East and Africa : Emerging Market Potential

The Middle East and Africa region presents significant growth opportunities in the Marine IoT market, with a market size of 1.0 in 2025. The region is witnessing an increase in maritime activities, driven by investments in port infrastructure and a growing focus on enhancing maritime safety. Regulatory bodies are beginning to implement frameworks that encourage the adoption of IoT technologies, which is expected to catalyze market growth. Countries like the UAE and South Africa are at the forefront of this development, with a rising number of local and international players entering the market. The competitive landscape is evolving, with companies exploring innovative solutions to meet the unique challenges of the region. As the demand for smart shipping solutions grows, the Marine IoT market in this region is set for expansion.

Key Players and Competitive Insights

The Marine Internet of Things Market is currently characterized by a dynamic competitive landscape, driven by technological advancements and increasing demand for operational efficiency in maritime operations. Key players such as Kongsberg Gruppen (Norway), Wärtsilä (Finland), and ABB (Switzerland) are at the forefront, each adopting distinct strategies to enhance their market positioning. Kongsberg Gruppen (Norway) focuses on innovation through the development of advanced digital solutions that integrate IoT technologies into maritime operations, thereby improving safety and efficiency. Meanwhile, Wärtsilä (Finland) emphasizes sustainability, investing in eco-friendly technologies that align with global environmental standards, which appears to resonate well with stakeholders. ABB (Switzerland) is leveraging its expertise in automation and digitalization to create integrated solutions that enhance operational performance, indicating a trend towards comprehensive service offerings in the market.

The business tactics employed by these companies reflect a concerted effort to optimize supply chains and localize manufacturing processes. The Marine Internet of Things Market is moderately fragmented, with a mix of established players and emerging startups. This fragmentation allows for diverse innovations but also intensifies competition among key players, who are increasingly collaborating to enhance their technological capabilities and market reach.

In November 2025, Kongsberg Gruppen (Norway) announced a strategic partnership with a leading satellite communications provider to enhance its IoT solutions for maritime applications. This collaboration is poised to improve data transmission capabilities, thereby enabling real-time monitoring and decision-making for maritime operators. Such a move underscores Kongsberg's commitment to integrating cutting-edge technology into its offerings, potentially setting a new standard for operational efficiency in the sector.

In October 2025, Wärtsilä (Finland) launched a new suite of digital services aimed at optimizing vessel performance and reducing emissions. This initiative aligns with the growing emphasis on sustainability within the maritime industry, suggesting that Wärtsilä is positioning itself as a leader in eco-friendly maritime solutions. The introduction of these services may not only enhance customer loyalty but also attract new clients seeking to comply with stringent environmental regulations.

In September 2025, ABB (Switzerland) unveiled a groundbreaking IoT platform designed to facilitate predictive maintenance for marine vessels. This platform utilizes advanced analytics and machine learning to anticipate equipment failures before they occur, thereby minimizing downtime and maintenance costs. The strategic importance of this development lies in its potential to revolutionize maintenance practices in the maritime sector, offering a competitive edge to ABB in a market increasingly focused on operational reliability.

As of December 2025, the competitive trends in the Marine Internet of Things Market are heavily influenced by digitalization, sustainability, and the integration of artificial intelligence. Strategic alliances among key players are shaping the landscape, fostering innovation and enhancing service offerings. The shift from price-based competition to a focus on technological advancement and supply chain reliability is evident, suggesting that future competitive differentiation will hinge on the ability to innovate and adapt to evolving market demands.

Key Companies in the Marine Internet of Things Market market include

Industry Developments

On Mar.09, 2023, Magellan X (Singapore), a leading digital solutions provider, announced the development of disruptive industrial Internet of Things (IIoT) and AI platforms to help maritime and other heavy industries meet their ESG sustainability goals. The tech firm's three disruptive digital solutions are designed to capture the deficit gap by capturing real-time, certifiable data, using IIoT, and producing actionable AI analytics.

On Dec.01, 2022, Zamil Offshore announced that it is set to deploy internet-of-things (IoT) infrastructure on 60 vessels. Following its agreement with Inmarsat, the offshore services major will roll out its advanced IoT system to assist in the performance optimization of vessels in the Gulf. The system will be deployed on Inmarsat's Fleet Connect & Fleet Data items and other vessels to help identify effective methods to meet optimum vessel performance expectations set by Saudi Aramco.

On Dec.08, 2021, Wartsila Voyage announced a strategic partnership with Microsoft to industrialize marine IoT. The company is set to provide industrialized IoT for shipping through a scalable cyber-secure platform integrated with Microsoft Azure IoT Edge. Intelligent Edge technology will help the shipping industry fulfill its decarbonization goals.

On Oct.27, 2021, HMM, South Korea's flagship liner operator, announced that it is set to pilot Internet of Things (IoT) technology for refrigerated and frozen shipping containers. IoT enables the pinpointing of the real-time location of reefers and changes in humidity, temperature, carbon dioxide (CO2), and vibration. Refrigerated and frozen containers need to maintain a constant temperature to their destination.

On Oct.01, 2020, Taiwanese bulk carrier, U-Ming Marine Transport Corporation (U-MING) announced a partnership with Ericsson to develop an IoT fleet management platform. U-MING aims to digitize its fleet performance management through intelligent IoT connectivity. This innovative fleet performance management platform (FPM) will benefit the company with increased efficiency, greater safety, reduced costs, and lower environmental risks

  • December 2020 – Ericsson launched Mesh Networks, which it claims makes next-generation mobile connectivity the go-to choose for enterprise connectivity across the sea.
  • June 2020 – The China Navigation Company (CNCo) has partnered with Dualog to test its maritime-optimized file and folder replication service designed to simplify the collection and distribution of large data volumes between ship and shore.

 

Future Outlook

Marine Internet of Things Market Future Outlook

<p>The Marine Internet of Things Market is projected to grow at a 7.54% CAGR from 2024 to 2035, driven by advancements in connectivity, automation, and data analytics.</p>

New opportunities lie in:

  • <p>Development of predictive maintenance solutions for marine vessels.</p>
  • <p>Integration of IoT-enabled cargo tracking systems.</p>
  • <p>Expansion of smart port infrastructure leveraging IoT technologies.</p>

<p>By 2035, the Marine Internet of Things Market is poised for robust growth, reflecting its critical role in maritime innovation.</p>

Market Segmentation

Marine Internet of Things Market End Use Outlook

  • Commercial Shipping
  • Fishing Industry
  • Recreational Boating
  • Naval Defense
  • Offshore Oil and Gas

Marine Internet of Things Market Technology Outlook

  • Satellite Communication
  • Wireless Sensor Networks
  • Cloud Computing
  • Big Data Analytics
  • Artificial Intelligence

Marine Internet of Things Market Application Outlook

  • Fleet Management
  • Vessel Monitoring
  • Cargo Tracking
  • Environmental Monitoring
  • Predictive Maintenance

Report Scope

MARKET SIZE 202415.0(USD Billion)
MARKET SIZE 202516.1(USD Billion)
MARKET SIZE 203533.3(USD Billion)
COMPOUND ANNUAL GROWTH RATE (CAGR)7.54% (2024 - 2035)
REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR2024
Market Forecast Period2025 - 2035
Historical Data2019 - 2024
Market Forecast UnitsUSD Billion
Key Companies ProfiledKongsberg Gruppen (NO), Wärtsilä (FI), ABB (CH), Siemens (DE), Thales Group (FR), Navis (FI), MarineTraffic (GR), Inmarsat (GB), Furuno Electric (JP), C-MAP (NO)
Segments CoveredApplication, End Use, Technology
Key Market OpportunitiesIntegration of advanced analytics and real-time monitoring enhances operational efficiency in the Marine Internet of Things Market.
Key Market DynamicsRising demand for real-time data analytics drives innovation and competition in the Marine Internet of Things market.
Countries CoveredNorth America, Europe, APAC, South America, MEA

FAQs

How big is the Marine Internet Of Things (IoT) Market

Marine Internet Of Things (IoT) Market Grow at a CAGR Of 17.1% by 2024 -2032

Which are the top players involved in Marine Internet Of Things (IoT) business?

Cisco Systems, Inc. (US),Marine Digital GmbH (Germany),Vodafone Group Plc (UK),Ericsson AB (Sweden),Orange Business Services (France),Wartsila Oyj Abp (Finland),Accenture Plc (Ireland),Dualog AS (Norway),Wilhelmsen Holding ASA (Norway),NTT Group (Japan)

Which regions is predicted to held the highest share in the Marine Internet Of Things (IoT) market?

According to Recent Study North America Accounted for the Largest Market Share

Which segments are covered in Internet Of Things (IoT) market report?

According MRFR Latest Study Component, Application, and Ship Type this are Internet Of Things (IoT) market

  1. Executive Summary
    1. Market Attractiveness Analysis
      1. Global Marine Internet of ThingsMarket, byComponent
      2. Global Marine Internet of Things Market, byApplication
      3. Global Marine Internet of Things Market, byShip Type
      4. Global Marine Internet of Things Market, byRegion
  2. Market Introduction
    1. Market Definition
    2. Scope of the Study
    3. Market Structure
    4. Key Buying Criteria
    5. Market Factor Indicator Analysis
  3. Research Methodology
    1. Research Process
    2. Primary Research
    3. Secondary Research
    4. Market Size Estimation
    5. Forecast Model
    6. List of Assumptions
  4. Market Insights
  5. Market Dynamics
    1. Introduction
    2. Drivers
      1. Increase in Seaborne Trade Globally
      2. Growing Maritime Tourism Industry
      3. Increasing Defense Expenditure
      4. Drivers Impact Analysis
    3. Restraint
      1. Vulnerable to Cyberattacks
      2. High Initial Investment
    4. Opportunities
      1. Use of Renewable Sources of Energy
      2. Advancements in Hybrid Propulsion Technology
    5. Market/Technological Trends
    6. Patent Trends
    7. Regulatory Landscape/Standards
  6. Market Factor Analysis
    1. Value Chain/Supply Chain Analysis
      1. R&D
      2. Manufacturing
      3. Distribution & Sales
      4. Post-Sales Monitoring
    2. Porter’s Five Forces Analysis
      1. Threat of New Entrants
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Segment Rivalry
      5. Bargaining Power of Supplies
  7. Global Marine Internet of Things Market, by Component
    1. Introduction
    2. Sensing Devices
    3. Network Connectivity
    4. IoT Platforms
    5. IT Solutions & Services
  8. Global Marine Internet of Things Market, by Application
    1. Introduction
    2. Route & Operation Optimization
    3. Asset Tracking
    4. Equipment Monitoring
  9. Global Marine Internet of Things Market, by Ship Type
    1. Introduction
    2. Commercial
      1. Cargo Vessels
      2. Passenger Vessels
      3. Others
    3. Defense
      1. Destroyers
      2. Destroyers
      3. Frigates
      4. Corvettes
      5. Offshore Support Vessels (OSV)
      6. Aircraft Carriers
      7. Submarines
  10. Global Marine Internet of Things Market, by Region
    1. Introduction
    2. North America
      1. US
      2. Canada
    3. Europe
      1. UK
      2. Germany
      3. France
      4. Italy
      5. Rest of Europe
    4. Asia-Pacific
      1. China
      2. Japan
      3. India
      4. Australia
      5. Rest of Asia-Pacific
    5. Middle East & Africa
      1. Saudi Arabia
      2. UAE
      3. Rest of Middle East & Africa
    6. Latin America
      1. Brazil
      2. Rest of Latin America
  11. Competitive Landscape
    1. Competitive Overview
    2. Competitor Dashboard
    3. Major Growth Key Strategies in the Global Marine Internet of Things Market
    4. Competitive Benchmarking
    5. Market Share Analysis
    6. Leading Player in terms of the Number of Developments in the Global Marine Internet of Things Market
    7. Key Developments & Growth Strategies
      1. New Product/Service ApplicationLaunch
      2. Merger & Acquisition
      3. Joint Ventures
  12. Company Profiles
    1. Key Market Players
      1. Cisco Systems, Inc.
      2. Marine Digital GmbH
      3. Vodafone Group Plc
      4. Ericsson AB
      5. Orange Business Services
      6. Wartsila OyjAbp
      7. Accenture Plc
      8. Dualog AS
      9. Wilhelmsen Holding ASA
      10. NTT Group
    2. (Company overview, financial updates, products & service offered, key developments, SWOT analysis, and key strategies to be provided for all the listed companies)
  13. Appendix
    1. References
    2. Related Reports
    3. List of Abbreviation 
    4. List of Tables
  14. LIST OF ASSUMPTIONS
  15. MAJOR PATENTS GRANTED FOR MARINE INTERNET OF THINGS (2015–2020)
  16. COMPONENT: GLOBAL MARINE INTERNET OF THINGS MARKET, 2020–2030 (USD MILLION)
  17. APPLICATION: GLOBAL MARINE INTERNET OF THINGS MARKET, 2020–2030 (USD MILLION)
  18. SHIP TYPE: GLOBAL MARINE INTERNET OF THINGS MARKET, 2020–2030(USD MILLION)
  19. GLOBAL MARINE INTERNET OF THINGS MARKET, BY REGION, 2020–2030 (USD MILLION)
  20. NORTH AMERICA: MARINE INTERNET OF THINGS MARKET, BY COUNTRY, 2020–2030(USD MILLION)
  21. NORTH AMERICA: MARINE INTERNET OF THINGS MARKET, BY COMPONENT, 2020–2030 (USD MILLION)
  22. NORTH AMERICA: MARINE INTERNET OF THINGS MARKET, BY APPLICATION, 2020–2030 (USD MILLION)
  23. NORTH AMERICA: MARINE INTERNET OF THINGS MARKET, BY SHIP TYPE, 2020–2030 (USD MILLION)
  24. US: MARINE INTERNET OF THINGS MARKET, BY COMPONENT, 2020–2030 (USD MILLION)
  25. US: MARINE INTERNET OF THINGS MARKET, BY APPLICATION, 2020–2030 (USD MILLION)
  26. US: MARINE INTERNET OF THINGS MARKET, BY SHIP TYPE, 2020–2030 (USD MILLION)
  27. CANADA: MARINE INTERNET OF THINGS MARKET, BY COMPONENT, 2020–2030 (USD MILLION)
  28. CANADA: MARINE INTERNET OF THINGS MARKET, BY APPLICATION, 2020–2030 (USD MILLION)
  29. CANADA: MARINE INTERNET OF THINGS MARKET, BY SHIP TYPE, 2020–2030 (USD MILLION)
  30. EUROPE: MARINE INTERNET OF THINGS MARKET, BY COUNTRY, 2020–2030 (USD MILLION)
  31. EUROPE: MARINE INTERNET OF THINGS MARKET, BY COMPONENT, 2020–2030 (USD MILLION)
  32. EUROPE: MARINE INTERNET OF THINGS MARKET, BY APPLICATION, 2020–2030 (USD MILLION)
  33. EUROPE: MARINE INTERNET OF THINGS MARKET, BY SHIP TYPE, 2020–2030 (USD MILLION)
  34. UK: MARINE INTERNET OF THINGS MARKET, BY COMPONENT, 2020–2030 (USD MILLION)
  35. UK: MARINE INTERNET OF THINGS MARKET, BY APPLICATION, 2020–2030 (USD MILLION)
  36. UK: MARINE INTERNET OF THINGS MARKET, BY SHIP TYPE, 2020–2030 (USD MILLION)
  37. GERMANY: MARINE INTERNET OF THINGS MARKET, BY COMPONENT, 2020–2030 (USD MILLION)
  38. GERMANY: MARINE INTERNET OF THINGS MARKET, BY APPLICATION, 2020–2030 (USD MILLION)
  39. GERMANY: MARINE INTERNET OF THINGS MARKET, BY SHIP TYPE, 2020–2030 (USD MILLION)
  40. FRANCE: MARINE INTERNET OF THINGS MARKET, BY COMPONENT, 2020–2030 (USD MILLION)
  41. FRANCE: MARINE INTERNET OF THINGS MARKET, BY APPLICATION, 2020–2030 (USD MILLION)
  42. FRANCE: MARINE INTERNET OF THINGS MARKET, BY SHIP TYPE, 2020–2030 (USD MILLION)
  43. ITALY: MARINE INTERNET OF THINGS MARKET, BY COMPONENT, 2020–2030 (USD MILLION)
  44. ITALY: MARINE INTERNET OF THINGS MARKET, BY APPLICATION, 2020–2030 (USD MILLION)
  45. ITALY: MARINE INTERNET OF THINGS MARKET, BY SHIP TYPE, 2020–2030 (USD MILLION)
  46. REST OF EUROPE: MARINE INTERNET OF THINGS MARKET, BY COMPONENT, 2020–2030 (USD MILLION)
  47. REST OF EUROPE: MARINE INTERNET OF THINGS MARKET, BY APPLICATION, 2020–2030 (USD MILLION)
  48. REST OF EUROPE: MARINE INTERNET OF THINGS MARKET, BY SHIP TYPE, 2020–2030 (USD MILLION)
  49. ASIA-PACIFIC: MARINE INTERNET OF THINGS MARKET, BY COUNTRY, 2020–2030 (USD MILLION)
  50. ASIA-PACIFIC: MARINE INTERNET OF THINGS MARKET, BY COMPONENT, 2020–2030 (USD MILLION)
  51. ASIA-PACIFIC: MARINE INTERNET OF THINGS MARKET, BY APPLICATION, 2020–2030 (USD MILLION)
  52. ASIA-PACIFIC: MARINE INTERNET OF THINGS MARKET, BY SHIP TYPE, 2020–2030 (USD MILLION)
  53. CHINA: MARINE INTERNET OF THINGS MARKET, BY COMPONENT, 2020–2030 (USD MILLION)
  54. CHINA: MARINE INTERNET OF THINGS MARKET, BY APPLICATION, 2020–2030 (USD MILLION)
  55. CHINA: MARINE INTERNET OF THINGS MARKET, BY SHIP TYPE, 2020–2030 (USD MILLION)
  56. INDIA: MARINE INTERNET OF THINGS MARKET, BY COMPONENT, 2020–2030 (USD MILLION)
  57. INDIA: MARINE INTERNET OF THINGS MARKET, BY APPLICATION, 2020–2030 (USD MILLION)
  58. INDIA: MARINE INTERNET OF THINGS MARKET, BY SHIP TYPE, 2020–2030 (USD MILLION)
  59. JAPAN: MARINE INTERNET OF THINGS MARKET, BY COMPONENT, 2020–2030(USD MILLION)
  60. JAPAN: MARINE INTERNET OF THINGS MARKET, BY APPLICATION, 2020–2030 (USD MILLION)
  61. JAPAN: MARINE INTERNET OF THINGS MARKET, BY SHIP TYPE, 2020–2030 (USD MILLION)
  62. AUSTRALIA: MARINE INTERNET OF THINGS MARKET, BY COMPONENT, 2020–2030 (USD MILLION)
  63. AUSTRALIA: MARINE INTERNET OF THINGS MARKET, BY APPLICATION, 2020–2030 (USD MILLION)
  64. AUSTRALIA: MARINE INTERNET OF THINGS MARKET, BY SHIP TYPE, 2020–2030 (USD MILLION)
  65. REST OF ASIA-PACIFIC: MARINE INTERNET OF THINGS MARKET, BY COMPONENT, 2020–2030 (USD MILLION)
  66. REST OF ASIA-PACIFIC: MARINE INTERNET OF THINGS MARKET, BY APPLICATION, 2020–2030 (USD MILLION)
  67. REST OF ASIA-PACIFIC: MARINE INTERNET OF THINGS MARKET, BY SHIP TYPE, 2020–2030 (USD MILLION)
  68. MIDDLE EAST & AFRICA: MARINE INTERNET OF THINGS MARKET, BY COUNTRY, 2020–2030 (USD MILLION)
  69. MIDDLE EAST & AFRICA: MARINE INTERNET OF THINGS MARKET, BY COMPONENT, 2020–2030 (USD MILLION)
  70. MIDDLE EAST & AFRICA: MARINE INTERNET OF THINGS MARKET, BY APPLICATION, 2020–2030 (USD MILLION)
  71. MIDDLE EAST & AFRICA: MARINE INTERNET OF THINGS MARKET, BY SHIP TYPE, 2020–2030 (USD MILLION)
  72. SAUDI ARABIA: MARINE INTERNET OF THINGS MARKET, BY COMPONENT, 2020–2030 (USD MILLION)
  73. SAUDI ARABIA: MARINE INTERNET OF THINGS MARKET, BY APPLICATION, 2020–2030 (USD MILLION)
  74. SAUDI ARABIA: MARINE INTERNET OF THINGS MARKET, BY SHIP TYPE, 2020–2030 (USD MILLION)
  75. UAE: MARINE INTERNET OF THINGS MARKET, BY COMPONENT, 2020–2030 (USD MILLION)
  76. UAE: MARINE INTERNET OF THINGS MARKET, BY APPLICATION, 2020–2030 (USD MILLION)
  77. UAE: MARINE INTERNET OF THINGS MARKET, BY SHIP TYPE, 2020–2030 (USD MILLION)
  78. REST OF THE MIDDLE EAST & AFRICA: MARINE INTERNET OF THINGS MARKET, BY COMPONENT, 2020–2030 (USD MILLION)
  79. REST OF THE MIDDLE EAST & AFRICA: MARINE INTERNET OF THINGS MARKET, BY APPLICATION, 2020–2030 (USD MILLION)
  80. REST OF THE MIDDLE EAST & AFRICA: MARINE INTERNET OF THINGS MARKET, BY SHIP TYPE, 2020–2030 (USD MILLION)
  81. LATIN AMERICA: MARINE INTERNET OF THINGS MARKET, BY COUNTRY, 2020–2030 (USD MILLION)
  82. LATIN AMERICA: MARINE INTERNET OF THINGS MARKET, BY COMPONENT, 2020–2030 (USD MILLION)
  83. LATIN AMERICA: MARINE INTERNET OF THINGS MARKET, BY APPLICATION, 2020–2030 (USD MILLION)
  84. LATIN AMERICA: MARINE INTERNET OF THINGS MARKET, BY SHIP TYPE, 2020–2030 (USD MILLION)
  85. BRAZIL: MARINE INTERNET OF THINGS MARKET, BY COMPONENT, 2020–2030 (USD MILLION)
  86. BRAZIL: MARINE INTERNET OF THINGS MARKET, BY APPLICATION, 2020–2030 (USD MILLION)
  87. BRAZIL: MARINE INTERNET OF THINGS MARKET, BY SHIP TYPE, 2020–2030 (USD MILLION)
  88. REST OF LATIN AMERICA: MARINE INTERNET OF THINGS MARKET, BY COMPONENT, 2020–2030 (USD MILLION)
  89. REST OF LATIN AMERICA: MARINE INTERNET OF THINGS MARKET, BY APPLICATION,2020–2030 (USD MILLION)
  90. REST OF LATIN AMERICA: MARINE INTERNET OF THINGS MARKET, BY FREQUENCY-BAND, 2020–2030 (USD MILLION)
  91. THE MOST ACTIVE PLAYERS IN THE GLOBAL MARINE INTERNET OF THINGS MARKET
  92. CONTRACTS & AGREEMENTS
  93. MERGERS & ACQUISITIONS
  94. PRODUCT DEVELOPMENTS
  95. EXPANSIONS & INVESTMENTS
  96. JOINT VENTURES & PARTNERSHIPS
    1.  
    2. List of Figures
  97. MARKET SYNOPSIS
  98. GLOBAL MARINE INTERNET OF THINGS MARKET: MARKET ATTRACTIVENESS ANALYSIS
  99. GLOBAL MARINE INTERNET OF THINGS MARKET ANALYSIS, BY COMPONENT
  100. GLOBAL MARINE INTERNET OF THINGS MARKET ANALYSIS, BY APPLICATION
  101. GLOBAL MARINE INTERNET OF THINGS MARKET ANALYSIS, BY SHIP TYPE
  102. GLOBAL MARINE INTERNET OF THINGS MARKET ANALYSIS, BY REGION
  103. GLOBAL MARINE INTERNET OF THINGS MARKET: MARKET STRUCTURE
  104. KEY BUYING CRITERIA FOR MARINE COMPONENTS
  105. RESEARCH PROCESS OF MRFR
  106. NORTH AMERICA: MARKET SIZE & MARKET SHARE, BY COUNTRY, 2020 VS 2030
  107. EUROPE: MARKET SIZE & MARKET SHARE, BY COUNTRY, 2020 VS 2030
  108. ASIA-PACIFIC: MARKET SIZE & MARKET SHARE, BY COUNTRY, 2020 VS 2030
  109. MIDDLE EAST & AFRICA: MARKET SIZE & MARKET SHARE, BY COUNTRY, 2020 VS 2030
  110. LATIN AMERICA: MARKET SIZE & MARKET SHARE, BY REGION, 2020 VS 2030
  111. MARKET DYNAMICS OVERVIEW
  112. DRIVERS IMPACT ANALYSIS: GLOBAL MARINE INTERNET OF THINGS MARKET
  113. CHALLENGES IMPACT ANALYSIS: GLOBAL MARINE INTERNET OF THINGS MARKET
  114. PORTER’S FIVE FORCES ANALYSIS OF THE GLOBAL MARINE INTERNET OF THINGS MARKET
  115. SUPPLY CHAIN: GLOBAL MARINE INTERNET OF THINGS MARKET
  116. GLOBAL MARINE INTERNET OF THINGS MARKET SHARE, BY COMPONENT, 2020 (% SHARE)
  117. GLOBAL MARINE INTERNET OF THINGS MARKET SHARE, BY SHIP TYPE, 2020 (% SHARE)
  118. GLOBAL MARINE INTERNET OF THINGS MARKET SHARE, BY REGION, 2020 (% SHARE)
  119. NORTH AMERICA: MARINE INTERNET OF THINGS MARKET SHARE, BY COUNTRY, 2020 (% SHARE)
  120. EUROPE: MARINE INTERNET OF THINGS MARKET SHARE, BY COUNTRY, 2020 (% SHARE)
  121. ASIA-PACIFIC: MARINE INTERNET OF THINGS MARKET SHARE, BY COUNTRY, 2020 (% SHARE)
  122. MIDDLE EAST & AFRICA: MARINE INTERNET OF THINGS MARKET SHARE, BY COUNTRY, 2020 (% SHARE)
  123. LATIN AMERICA: MARINE INTERNET OF THINGS MARKET SHARE, BY COUNTRY, 2020 (% SHARE)
  124. COMPETITOR DASHBOARD: GLOBAL MARINE INTERNET OF THINGS MARKET
  125. CAPITAL MARKET RATIO AND FINANCIAL MATRIX
  126. CONTRACTS & AGREEMENTS: THE MAJOR STRATEGY ADOPTED BY KEY PLAYERS IN THE GLOBAL MARINE INTERNET OF THINGS MARKET
  127. BENCHMARKING OF MAJOR COMPETITORS
  128. MAJOR MANUFACTURERS MARKET SHARE ANALYSIS, 2020'

Marine Internet of Things Market Segmentation

Market Segmentation Overview

  • Detailed segmentation data will be available in the full report
  • Comprehensive analysis by multiple parameters
  • Regional and country-level breakdowns
  • Market size forecasts by segment
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